Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) Debt-to-Asset : 0.45 (As of Mar. 2026)

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What is Thai Rubber Latex Group PCL Debt-to-Asset?

Thai Rubber Latex Group PCL BKK:TRUBB-W2-R 37 Debt-to-Asset is 0.45 as of Mar. 2026. GuruFocus rates BKK:TRUBB-W2-R with a GF Score™ of 37/100. The stock has 8 warning signs investors should review.

Thai Rubber Latex Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿2,929.93 Mil. Thai Rubber Latex Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿631.36 Mil. Thai Rubber Latex Group PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿7,927.44 Mil. Thai Rubber Latex Group PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.45.

Thai Rubber Latex Group PCL  (BKK:TRUBB-W2-R) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Thai Rubber Latex Group PCL Debt-to-Asset Related Terms

Thai Rubber Latex Group PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Thai Rubber Latex Group PCL's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thai Rubber Latex Group PCL Debt-to-Asset Chart

Thai Rubber Latex Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.42 0.48 0.50 0.46

Thai Rubber Latex Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.48 0.48 0.46 0.45

BKK:TRUBB-W2-R vs LIN, SHW, ECL: Debt-to-Asset Comparison

For the Specialty Chemicals subindustry, Thai Rubber Latex Group PCL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thai Rubber Latex Group PCL Debt-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Rubber Latex Group PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Thai Rubber Latex Group PCL's Debt-to-Asset falls into.


Thai Rubber Latex Group PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thai Rubber Latex Group PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3038.783 + 668.402) / 8070.923
=0.46

Thai Rubber Latex Group PCL's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2929.934 + 631.357) / 7927.44
=0.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.45 mean?
Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) has a Debt-to-Asset of 0.45 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Thai Rubber Latex Group PCL and its competitors.
Is Thai Rubber Latex Group PCL's Debt-to-Asset too high?
Thai Rubber Latex Group PCL's current Debt-to-Asset is 0.45. Overall, Thai Rubber Latex Group PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rubber Latex Group PCL's Debt-to-Asset compare to LIN and SHW?
Thai Rubber Latex Group PCL's Debt-to-Asset of 0.45 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Chemicals company?
A good Debt-to-Asset depends on the Chemicals industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Thai Rubber Latex Group PCL and its competitors. Thai Rubber Latex Group PCL's current Debt-to-Asset is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rubber Latex Group PCL stock overvalued right now?
Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R) has a current Debt-to-Asset of 0.45. The current Debt-to-Asset is 0.45. Thai Rubber Latex Group PCL's overall GF Score™ is 37/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Thai Rubber Latex Group PCL (BKK:TRUBB-W2-R), the current Debt-to-Asset is 0.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thai Rubber Latex Group PCL Business Description

Other Exchanges TRUBB:Thailand
Address Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Thai Rubber Latex Group PCL is engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which include the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress, and rubber gloves. The company operates in Concentrated and pre-vulcanized latex, latex products, and Plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea, and other countries, of which key revenue is derived from Thailand.